Yet, these activities were generally thought to be only the regular duties of the finance executives. (From Scorekeeper to Business Partner: The Evolving Role of Government Financial Executives) There are also finance officers at different levels and the state or provincial level executives who are the link to the local finance officers from the top. They meet rarely - generally once a year during annual conferences of some type or the other. The importance of these executives is in the fact that they represent their association at official ceremonies. (State and provincial representatives (Profiling GFOA)).

             The importance of financial officers is being increasingly recognized and in the preface to the GAAFR 2005, which is the set of guidelines to be followed. There are the summarization and specific revisions as also updates of the text of the 2001 edition: there is addition of all the amendments that were earlier included in the GAAFR Update supplement; there has been addition of new material which are connected to the GASB statements from 39 through 45; there has been addition of new material based on the guidance that had been given in the comprehensive implementation guide as given in the GASB 2004; that included a guidance that was given for the first time in relation to GASB statement 40; there was addition of a new section related directly to all school district issues; there was reworking of a significant number of chapters; the set of references to original material was increased to a large extent so that research on the subject could become easier; an expanded and revised glossary and a redesigned index. (Making the most of the New Blue Book) .

             Thus the importance of the finance executives in operation of the government is certainly realized and steps are being taken to help them in operation of their functions.